Investor Type | Firm |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • Hardware (& Manufacturing) • Energy • Material Science • Medical Devices (& Hospital Services) |
Stages | Early |
Investing | Germany |
MINE, Inc. and MINE Innovation Engineering GmbH, collectively known as MINE and Reality Ventures, form an integrated corporate ecosystem focusing on the creation of technology companies. They focus on identifying and efficiently harnessing intellectual and technological processes to create innovations across various industries, including Software, IT & TMT, Hardware & Manufacturing, Energy, Material Science, and Medical Devices. Established in June/July 2013 in Berlin by Rolf Herken and Dassault Systmes International S.A.S. as a founding partner, they devise a five-stage targeted innovation engineering process termed IP Mining:tm:, encompassing innovation to company creation. Their approach differs from traditional venture capital funds by avoiding investments in numerous early-stage startups with unrefined ideas, instead generating startups with high growth potential and reduced investment risk. They provide a conducive environment for innovators and engineers to develop product ideas without the pressure of funding, ensuring a significant share ownership in their startup after proof of concept. Reality Ventures funds MINE, supporting the engineering teams with intellectual, corporate, financial, and legal assistance. Their transcontinental teams are led by skilled executives who ensure efficient business operations and timely startup formation. Strategic investors gain insights for advising on projects and fund these endeavors without impacting their earnings per share, also having first rights on resulting companies. Financial investors in Reality Ventures commit up to $25m through incremental capital increases, with a unique funding model that reinvests proceeds into new or existing ventures generated from MINE. This model anticipates attractive market valuations and high ROI. MINE's innovation projects originally focus on cloud-based solutions and applications, including artificial intelligence and other advanced technologies. They tackle challenges in multiple technological domains with the intention of transforming them into valuable startups. Dassault Systmes International S.A.S. is the initial strategic investor, with MINE's core team preparing to expand their engineering talent. The aim is to establish subsidiaries in talent-rich locations to leverage their expertise for creating scalable technology platforms.